Ericsson to Record $1.2B Cost for Wireless Venture

Ericsson AB, the world’s largest maker of mobile-phone networks, said it will record an expense of about 8 billion kronor ($1.2 billion) for writing down the value of its wireless-chip venture with STMicroelectronics NV.
Uber's Business Model: A Rare Look at the Numbers
39:04 - Steve Jurvetson, a partner at Draper Fisher Jurvetson, and Bloomberg's Eric Newcomer discuss the math behind Uber's business model. They speak with Bloomberg's Cory Johnson on "Bloomberg West." (Source: Bloomberg)
  • That's a Wrap! Closing the Books on the Second Quarter
  • Uber Loses Money as It Grows
  • Greek Crisis Isn't Detrimental to U.S. Stocks: Merk